Updated US Cryptocurrency Tax Rules: Accerx’s Position and User Guidelines

The US Internal Revenue Service (IRS) recently announced that the comment period for the new cryptocurrency tax rules will be extended until November 13th, and it is expected that these rules will officially take effect in 2026, impacting all cryptocurrency-related sales and transactions since 2025. This undoubtedly has a profound impact on the global cryptocurrency industry, and as the leader of the global economy, the direction and decisions of the United States often guide global market trends.

The nearly 300-page proposed rules released by the US Department of the Treasury provide clear direction for the crypto industry, especially in terms of defining “brokers” and their reporting obligations for tax purposes. This resolves the long-standing uncertainty surrounding tax reporting for many cryptocurrency transactions and holders. This clarity is crucial for the long-term healthy development of the market, as it not only provides clear guidance for investors but also creates a stable operating environment for relevant businesses.

However, this also brings new challenges. For CEXs, payment processors, certain custodial wallet providers, certain DEXs, and individuals or entities that cash out issued crypto tokens, the new rules mean that they need to manage their tax reporting in a more detailed and rigorous manner. This not only increases their operational costs but also raises compliance requirements. Any negligence or errors could result in significant legal consequences.

For platforms like Accerx, this is both an opportunity and a challenge. Accerx has always been user-centric, committed to providing users with secure, convenient, and compliant trading services.

The introduction of the new regulations means that Accerx needs to further strengthen communication with users, ensuring that users have a clear understanding of the impact of these changes and their new responsibilities in tax reporting. To this end, Accerx has started developing a series of educational materials and guidelines to help users understand the content of the new regulations and how to comply with them.

At the same time, Accerx is actively collaborating with major tax advisory firms to provide professional tax consulting services to users. This not only helps users reduce potential tax risks due to a lack of understanding of the regulations but also helps them manage their digital assets more effectively.

Additionally, Accerx has upgraded and optimized its technology to ensure that the platform can meet the reporting requirements under the new regulations.

In conclusion, in the face of the new US cryptocurrency tax rules, Accerx is well aware that this is a time of both opportunity and challenge. Regardless of how the external environment changes, Accerx remains committed to its original mission of providing users with secure, convenient, and compliant services, ensuring that the rights and interests of every user on the Accerx platform are fully protected.